"Hard-pressed police have scored a significant victory in the battle against Internet crime by smashing a Russian extortion racket preying on UK businesses and betting Web sites. A multi-national investigation culminated with the arrest this week of the suspected ringleaders -- three men aged between 21 and 24," reports Reuters.
"They are accused of threatening to shut businesses down with a massive barrage of data -- known as a denial-of-service attack -- if they did not pay up. The gang often demanded sums of $10,000 or $20,000 (5,400 to 10,800 pounds) from owners of betting Web sites and struck on the eve of big sporting events like the UK's Grand National horse race."